Payment Plans

Increase revenue and grow your customer base by offering payment plans.

People will always need products and services they can't pay for upfront. Big expenditures are obvious, but what about smaller ones like legal services and doctor visits? Whether the expense is big or small, customers won't buy if they don't have a payment option suited to their needs, which means your business is losing sales if you don't have flexible payment plans. Installment billing enables your business to meet customers at a price point they can afford, resulting in more sales and happier customers.

Invoiced offers payment plans as part of our cloud-based invoicing platform. Set up happens right in our web interface, with a host of options to build flexible payment plans that meet the needs of each customer.

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Features and benefits of Payment Plans

Our easy-to-use payment plans software enables customers to create individual installment payment schedules. Customers can use a variety of popular payment methods and have access to features such as enabling autopay, making early payments, and viewing past invoices for recordkeeping. Payments are collected, processed, and tracked automatically to streamline your billing process.

You can also use incremental payments as a way to request a deposit before starting on a project (such as a painting for an artist, or new case for a lawyer). Furthermore, businesses can offer installment billing as a means to collect for customers who are struggling to pay overdue invoices. Providing flexible payment plans gives customers more ways to pay.

Flexibility

Allow customers to break invoice balances up into personalized installment plans. Payment schedules can be individually customized for each customer to fit their unique needs. Don't leave money on the table, increase sales by giving customers flexible payment options.

Automation

Once a customer sets up their payment plan, Invoiced collects payments on schedule, processes payments, and tracks them against each invoice. Customers can also log into the portal to make early payments outside of their regular schedule if they choose. Regardless of how or when customers pay, our payment plans software streamlines the process so you can spend more time working and less time collecting and checking invoices.

Payment Methods

Allow customers to pay using a variety of formats — including direct debit and credit cards. Connect your existing payment processor with Invoiced to automatically collect scheduled installments. When payments fail, Invoiced handles dunning automatically so you spend less time chasing invoices.

Customer Portal

Invoiced's customer portal allows customers to log in, enable autopay for payment plans, view current and past invoices, make payments, download receipts, and update payment information - all in an intuitive, easy-to-use interface. More than just installment billing, our software offers features to make payments and cash applications.

Award-winning Payment Plan software

Don't Take Our Word For It

Here are some real-life examples from successful Invoiced clients:

We love the "payment plan" feature, which allows us to create custom payment plans for customers over a set period of time. It's automatic and so easy!"

– Administrator in Non-Profit Organization Management

With partial orders, I am able to setup a payment plan with partial payments, to meet the needs of my customer..... not to mention that this software offers several ways to pay, which makes it even easier. The organization of the information for each customer is very organized as well."

– Jessica T.